Prohibition on acting without a licence
351.01No business acting or carrying on business or offering or undertaking to act or carry on business shall represent itself in the Province, or allow itself to be represented, as an adjusting firm, an agency, a managing general agent, a restricted insurance representative or a third party administrator, as the case may be, unless the business
(a)
holds the appropriate licence issued under this Act, or
(b)
is exempted under this Act or the regulations from the requirement to hold the licence.